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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

Turkey earthquake survivors seek justice one year on

The disaster, which killed more than 50,000 people in all, was Turkey's deadliest in many centuries. President Recep Tayyip Erdogan...
  • More than 200 contractors and developers were arrested in the immediate aftermath of the quake, some tried to flee abroad and were detained at Istanbul airports
  • But lawyers representing victims' families fear that numerous contractors may escape blame because much of incriminating evidence disappeared when bulldozers cleared the debris

Trump stokes opposition to Biden border plan

With immigration one of the hottest electoral issues in what increasingly looks like a Trump-Biden rematch for the White House,...
  • Joe Biden threw his weight behind the proposed bill on Saturday
  • Donald Trump has instead continued to castigate Biden over "open borders"

Iran puts three satellites simultaneously into orbit

Western governments including the United States have repeatedly warned Iran against such launches, saying the same technology can be used...
  • The Mahda satellite, which weighs around 32 kilograms and was developed by Iran's Space Agency, is designed to test advanced satellite subsystems
  • The other two, Kayhan 2 and Hatef, weigh under 10 kilograms each and are aimed to test space-based positioning technology and narrowband communication

UN chief asks donors for ‘continuity’ in Gaza agency operations

The row between Israel and UNRWA follows the UN's ICJ ruling that Israel must prevent possible acts of genocide in...
  • UN agency has fired several staff over Israel's accusations
  • Several key donor countries have said they will temporarily suspend their funding

Israel to stop UN agency’s activities in Gaza after war

Israeli Foreign Minister Israel Katz called on UNRWA Commissioner-General to quit his post. Katz said in a statement that the...
  • UNRWA said Friday it had fired several employees over Israel's accusations
  • Donors including Germany, Britain and others suspended additional funding to the agency

Thousands march in Spain against Gaza ‘genocide’

Waving Palestinian flags and shouting slogans denouncing Israel, protestors expressed gratitude to South Africa for having brought the case against...
  • The ICJ in its ruling said Israel must prevent genocide in its war with Hamas
  • Many protestors carried banners calling for sanctions to be levied against Israel

US troops destroy Houthi’s anti-ship missile in Yemen

US forces struck an anti-ship missile in Houthi-held Yemen that they said was ready to fire, hours after the Iran-backed...
  • The US has also carried out a series of unilateral air raids, but the Houthis have vowed to continue their attacks.
  • The Houthis' Al-Masirah television said the US and the UK launched two air strikes on the port of Ras Issa in Yemen's Hodeida province.

UK expresses concern over UN court decision on Gaza

The British government said it had "considerable concerns" about a ruling by the United Nation's top court that Israel should...
  • "Israel has the right to defend itself against Hamas in line with IHL (international humanitarian law)," the British spokesperson said.
  • The Foreign Office, however, added that it welcomed the ICJ's call for the immediate release of hostages and to get more aid into Gaza.

Baghdad, Washington to discuss removal of foreign troops from Iraq

Baghdad, Iraq - Iraq and the United States on Saturday held a "first round" of talks on the future of American...
  • Washington had said that it had agreed with Baghdad on the launch of "expert working groups of military and defense professionals".
  • The talks, planned for months, come at a time of heightened tensions in Iraq and the region linked to the war between Israel and Hamas.

Firing by gunmen in Iran leaves nine foreign nationals dead

Tehran, Iran - Gunmen in southeastern Iran near the Pakistan border killed nine foreign nationals on Saturday, Iranian media reported, more...
  • Mehr news agency said unknown armed men killed nine non-Iranians in a house in the Sirkan neighborhood of Saravan city in Sistan-Baluchistan province.
  • The Sistan-Baluchistan province has seen persistent unrest involving cross-border drug-smuggling gangs and rebels from the Baluchi ethnic minority.

Israel PM again warns Iran after top diplomat talks of revising nuclear doctrine if more sanctions imposed

The renewed war of words between the Middle East foes came as Iran prepares to hold key nuclear talks with...

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Israel will not allow ‘winds of defeatism’ in Hamas war: Netanyahu

After a visit to troops on Monday, he said: "I saw very considerable achievements in the fighting being carried in...

Israel strikes southern Gaza after ordering evacuations

Other parts of the Gaza Strip were reeling from continued fighting nearly nine months into the devastating conflict. Witnesses and...

Gaza hospital chief says tortured in Israel detention

Israel's military has accused Hamas of using hospitals in the Gaza Strip as a cover for military operations. It has...

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Hamas official says ‘nothing new’ in US Gaza proposals

Hamas insists on a permanent ceasefire and a complete withdrawal of Israeli forces from the Gaza Strip. Hamdan said the...
  • A plan presented last month by President Biden, which he said was proposed by Israel, included a six-week truce accompanied by an Israeli withdrawal from densely populated areas
  • Israeli Prime Minister Benjamin Netanyahu has said he will continue the war until Hamas is totally defeated and all hostages are freed

Reformist hopes for breakthrough as Iran goes to polls

Tehran, Iran - Iranians voted in a presidential election on Friday marked by a lone reformist's bid to break through against...
  • The ballot in 58,000 polling stations comes against a backdrop of heightened regional tensions over the Gaza war and discontent over the state of Iran's sanctions-hit economy
  • If no candidate wins 50 percent of the vote, a second round will be held on July 5, for only the second time in Iranian electoral history after the 2005 vote went to a runoff

Polls open in Iran for presidential election amidst vote boycott calls

Polls in Iran opened on Friday for a presidential election following the death of ultraconservative president Ebrahim Raisi in a...
  • Around 61 million Iranians are eligible to vote in the polls
  • Khamenei: "the most qualified candidate" must be "the one who truly believes in the principles of the Islamic Revolution" of 1979